HELPING YOU PLAN FOR THE FUTURE
Although some engaged couples worry that a prenuptial agreement takes the romance out of a marriage, other people choose to sign prenuptial agreements to protect assets and avoid the possibility of expensive divorce litigation in the future or disputes involving estates after the death of a loved one.
At the Law Offices of Mary Ann Beaty, P.C., we understand that negotiating a prenuptial or postnuptial agreement is a sensitive issue. However, we also know that it is a practical matter that may save the couple significant costs and hassle if the marriage ends. We keep this balance in mind as we help clients work out the details of pre- and postnuptial agreements. Please call our office at 800-491-7565 to schedule an appointment with a Dallas prenuptial agreement attorney.
PROTECT YOUR PROPERTY RIGHTS
A prenuptial agreement establishes what each person’s property rights will be if the marriage ends in divorce. It is a legal contract that lists the assets and debts each person has prior to the marriage. There must be full and fair disclosure from each party when drafting the agreement — if all assets and debts are not disclosed, the agreement will not be binding.
You can use prenuptial agreements to:
- Maintain assets you brought to the marriage
- Protect assets for children in blended families
- Keep individual debts separate
- Specify property division in the event of divorce
Post-nuptial agreements function much like prenuptial agreements, but they are created after a couple is married. In Texas, you can create a postnuptial agreement after you are married to protect any new assets you acquire during the marriage. You can also use a postnuptial agreement like a pre-divorce settlement to outline specific property rights of each party. These agreements can be used to protect one spouse from the debts and obligations of the other spouse, as well, and has an impact on probate estates.
If a couple has significant assets or complex financial holdings, it takes an attorney with expertise to prepare prenuptial and postnuptial agreements. As a board certified family law attorney, Mary Ann Beaty has the experience you need. To make an appointment with a McKinney postnuptial lawyer, please call 800-491-7565 or contact us online.